Trends - inflation - Business Recorder

inflation

Higher gasoline prices fuel Canada inflation

The costs of food, passenger vehicles and household appliances such as stoves and refrigerators were also up.

Published 17 Mar, 2021 09:24pm

Business & Finance

German inflation could top 2pc, first time since 2012: experts

The rise in 2021 would see Europe's biggest economy surpass the ECB inflation target of just under 2.0 percent.

Published 17 Mar, 2021 05:23pm

Markets

London’s FTSE 100 moves higher

LONDON: London’s FTSE 100 inched higher on Tuesday, as a weaker pound boosted shares of exporters and a set of...

Published 17 Mar, 2021 04:45am

World

Nigerian inflation, unemployment jump

Year-on-year inflation was 17.33 percent in February after 16.47 percent in January.

Published 16 Mar, 2021 05:10pm

Markets

Nigerian inflation hits 4-year high in February

The government is exploring ways to reduce transportation costs, which it says are contributing to a jump in food costs.

Published 16 Mar, 2021 01:21pm

Markets

Argentina's Guzman says inflation rate to slow as peso depreciation moderates

He said that his previously disclosed goal of having a new IMF deal by May was not a hard target. "I said that May is acceptable, but it does not mean that May has to be the date," he added.

Published 16 Mar, 2021 12:29pm

Business & Finance

Rising food, POL rate in intl markets escalating Pakistan's inflation rate, says expert

“If you look at the petroleum products in December receiving oil at $40 per barrel which now stands at $70 per barrel,” he said. The rise in rates of food and petroleum production ports in the international market have affected the domestic market, said Suleri.

Published 16 Mar, 2021 12:14pm

Markets

Australian bond futures slide

SYDNEY: Australian three-year bond futures dipped to a one-week low on Monday, implying yields of nearly 0.3%, as...

Published 16 Mar, 2021 04:43am

Opinion

Rising inflation

Various price indices have risen exponentially in recent weeks. This trend is best revealed by the movement of the...

Published 16 Mar, 2021 04:43am

Markets

Expanded position limits for CBOT grains point to volatility

CHICAGO: Expanded speculative position limits for agricultural futures scheduled to go into effect on Monday could...

Published 16 Mar, 2021 04:43am

Pakistan

CM aide sees people pushed into whirlpool of inflation

He said that the people had been pushed into the whirlpool of inflation and with its continuity, the price of sugar went up under Imran Khan, who had not scored centuries in Cricket.

Published 15 Mar, 2021 07:32pm

BR Research

Money markets: greed amid need

The upward journey of market rates continues. The 3M and 6M papers yields are up by 34 bps and 25 bps respectively,...

Published 15 Mar, 2021 07:30am

Business & Finance

Speculators cut dollar bets to lowest since November

NEW YORK: Speculators cut their net short dollar positions in the latest week to the lowest since mid-November,...

Published 15 Mar, 2021 05:22am

Pakistan

Prices of kitchen items ease as SPI falls 0.57pc

The SPI for the week under review in the above mentioned group was recorded at 147.14 points against 147.99 points registered in the previous week.

Published 13 Mar, 2021 08:51pm

Business & Finance

Erdogan unveils economic reform plan

ISTANBUL: Turkish President Recep Tayyip Erdogan on Friday unveiled a long-promised economic reform package that he...

Published 13 Mar, 2021 04:28am

Business & Finance

Early trade in New York: Dollar rises on Treasury yield spike

NEW YORK: The dollar rose on Friday as a fresh spike in Treasury yields reignited inflation fears and sparked a...

Published 13 Mar, 2021 04:28am

BR Research

Wheat MSP: should Centre call Sindh’s bluff?

In January 2021, Pakistan recorded lowest food inflation level in nearly two years. While many - correctly –...

Published 12 Mar, 2021 07:25am

Markets

Dow hits record in stock rally

NEW YORK: The S&P 500 rose on Wednesday and the blue-chip Dow hit a record high after tepid consumer price data...

Published 12 Mar, 2021 05:10am

Markets

Thursday’s early trade: Dow index hit an all-time high

NEW YORK: The blue-chip Dow index hit an all-time high for the fourth straight session on Thursday as worries about...

Published 12 Mar, 2021 05:10am

Business & Finance

ECB to accelerate bond buys on rates fears

FRANKFURT AM MAIN: The European Central Bank said Thursday it would significantly ramp up the pace of its pandemic...

Published 12 Mar, 2021 05:10am

Business & Finance

Brazil inflation tops 5pc for first time in four years

BRASILIA: Annual inflation in Brazil rose above 5% in February for the first time in four years, official figures...

Published 12 Mar, 2021 05:10am

Markets

Romania inflation quickens to 3.16% y/y in Feb, above forecast

The median forecast of a Reuters poll of analysts put inflation at 3.1% year-on-year at the end of February.

Published 11 Mar, 2021 12:51pm

World

UK GDP seen back to pre-COVID level within two years as Sunak policies please

Sunak said the economy would have recovered by mid-2022, six months earlier than previously forecast.

Published 11 Mar, 2021 11:27am

Markets

Asia markets track Wall St record as inflation fears ease

Eyes are now on the European Central Bank's policy meeting later in the day, which will be followed for its outlook on interest rates and its vast bond-buying programme as the world economy recovers from last year's collapse.

Published 11 Mar, 2021 10:31am

Markets

US MIDDAY: Gold recoups losses

NEW YORK: Gold erased earlier losses to hit a one-week high on Wednesday, as US Treasury yields eased after subdued...

Published 11 Mar, 2021 05:25am

Business & Finance

Sterling slips against dollar

LONDON: The pound was little changed on Wednesday, slipping below $1.39 and edging up slightly against the euro, as...

Published 11 Mar, 2021 05:25am

Business & Finance

China factory prices rise as industries recover from pandemic

BEIJING: Factory prices in China rose in February at the fastest pace in more than two years, official data showed...

Published 11 Mar, 2021 05:25am

Business & Finance

US consumer prices rise; underlying inflation muted for now

WASHINGTON: US consumer prices increased solidly in February, with households paying more for gasoline, but...

Published 11 Mar, 2021 05:25am

Markets

Hong Kong stocks up at lunch

The Hang Seng Index added 0.45 percent, or 130.77 points, to 28,904.00.

Published 10 Mar, 2021 10:04am

Elections: PM for use of technology to ensure greater transparency

ISLAMABAD: Prime Minister Imran Khan on Tuesday expressed resolve to use technology to ensure transparency in the...

Updated 10 Mar, 2021 09:45am

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Jun 27 Premier Insurance Limited(PINL)	4.34 ▲ 0.59 (15.73%)
Nazir Cotton Mills / Jun 27 Nazir Cotton Mills Limited(NCML)	5.59 ▲ 0.57 (11.35%)
Pak Gen.Ins. / Jun 27 The Pakistan General Insurance Co. Ltd.(PKGI)	9.98 ▲ 1.00 (11.14%)
K-Electric Ltd. / Jun 27 K-Electric Limited(KEL)	3.12 ▲ 0.26 (9.09%)
P.I.A.C.(A) / Jun 27 Pakistan International Airlines Corp(PIAA)	3.63 ▲ 0.29 (8.68%)
Sec. Inv. Bank / Jun 27 Security Investment Bank Limited(SIBL)	5.95 ▲ 0.45 (8.18%)
Bankislami Pak. / Jun 27 BankIslami Pakistan Limited(BIPL)	11.73 ▲ 0.86 (7.91%)
786 Invest Ltd / Jun 27 786 Investments Limited(786)	5.38 ▲ 0.39 (7.82%)
Leather Up Ltd. / Jun 27 Leather Up Limited(LEUL)	13.35 ▲ 0.95 (7.66%)
JS Bank Ltd / Jun 27 JS Bank Limited(JSBL)	4.00 ▲ 0.28 (7.53%)

Stock	Price
Oilboy Engergy (R) / Jun 27 Oilboy Engergy Limited (R)(OBOYR1)	0.65 ▲ -0.52 (-44.44%)
Jubilee Spinning / Jun 27 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	3.20 ▲ -0.85 (-20.99%)
Kohinoor Power / Jun 27 Kohinoor Power Company Limited(KOHP)	3.41 ▲ -0.52 (-13.23%)
Power Cem(Pref) / Jun 27 Power Cement (Pref)(POWERPS)	6.51 ▲ -0.99 (-13.20%)
Sitara Energy / Jun 27 Sitara Energy Limited(SEL)	9.10 ▲ -1.00 (-9.90%)
Elite Cap.Mod / Jun 27 First Elite Capital Modaraba(FECM)	3.17 ▲ -0.33 (-9.43%)
First IBL Mod. / Jun 27 First IBL Modaraba(FIBLM)	4.10 ▲ -0.40 (-8.89%)
Tri-Star Power / Jun 27 Tri-Star Power Limited(TSPL)	3.45 ▲ -0.33 (-8.73%)
Quetta Textile / Jun 27 Quetta Textile Mills Limited(QUET)	7.39 ▲ -0.61 (-7.63%)
Metro Steel / Jun 27 Metropolitan Steel Corporation Limited(MSCL)	23.11 ▲ -1.87 (-7.49%)

Stock	Volume
K-Electric Ltd. / Jun 27 K-Electric Limited(KEL)	29,612,000 ▼ 0.00
Treet Corp / Jun 27 Treet Corporation Limited(TREET)	19,925,500 ▼ 0.00
Pak Refinery / Jun 27 Pakistan Refinery Limited(PRL)	11,634,090 ▼ 0.00
TPL Properties / Jun 27 TPL Properties Limited(TPLP)	11,504,099 ▼ 0.00
Cnergyico PK / Jun 27 Cnergyico PK Limited(CNERGY)	11,010,799 ▼ 0.00
WorldCall Telecom / Jun 27 Worldcall Telecom Limited(WTL)	8,949,000 ▼ 0.00
Maple Leaf / Jun 27 Maple Leaf Cement Factory Limited(MLCF)	7,027,769 ▼ 0.00
Telecard Limited / Jun 27 Telecard Limited(TELE)	6,298,000 ▼ 0.00
Oilboy Engergy (R) / Jun 27 Oilboy Engergy Limited (R)(OBOYR1)	6,064,000 ▼ 0.00
Unity Foods Ltd / Jun 27 Unity Foods Limited(UNITY)	5,746,295 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 24	207.70
USD PKR Interbank Buying / Jun 24	207.50
USD to Japanese Yen / Jun 24	135.23
USD to Swiss Franc / Jun 24	0.96
Pound Sterling to USD / Jun 24	1.23
Euro to USD / Jun 24	1.06
UK LIBOR % / Jun 24	1.57

Stock	Volume
S&P 500 / Jun 24	3911.74
India Sensex / Jun 24	52727.98
Tokyo Nikkei / Jun 24	26491.97
Nasdaq / Jun 24	11607.62
Hang Seng / Jun 24	21719.06
FTSE 100 / Jun 24	7208.81
Dow Jones / Jun 24	31500.68
Germany DAX 30 / Jun 24	13118.13
France CAC40 / Jun 24	6073.35

Item	Value
Crude Oil USD/Barrel / Jun 24	107.62
Karachi Cotton PKR/37.32 KG / Jun 24	21180.00
Gold 10 Grams PKR / Jun 24	122300.00
Gold Spot USD/Ounce / Jun 24	1826.88
Cotton US¢/pound / Jun 24	98.05

inflation

Most Popular Articles